Business sector should not depend on ringgit value to be competitive - minister

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Tengku Zafrul says it 'should focus on increasing productivity and innovation as well as cost reduction'.

The business sector should not depend merely on the ringgit's value to boost its competitiveness, said Finance Minister Tengku Zafrul Abdul Aziz.

Although the government would always ensure that the financial market ran smoothly and in an orderly manner, "the business sector should focus on increasing productivity and innovation as well as cost reduction,” he said...

 

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So true, corruption should be our only dependence!! Cash is king!!

Macam mana cakap ekon nak pulih, beberapa pasaraya ikon di JB dah nak tutup.

If this facker can qualify as FM, the makcik selling nasi lemak at the roadside should be PM.

Very stupid statetement, Mr Minister.

It all started during the Asian Financial Crisis when the Ringgit was pegged against the US$. Didn't reform & restructure the economy from ground up. Fast fwd to 2020 & the policymakers are still dithering & clueless..tzafrul_aziz Mustapa_Mohamed AzminAli

What an utterly thoughtless statement by our FM.

Back to barter trade better. This minister can't think of a better solution in handling current pandemic situation. Always blame on others. Is this we call incompetent. Moratorium extension is a must now in this current environment. Don't regret if businesses in Malaysia turn bad

When the ringgit value is low, the gov should emphasize on exporting la but unfortunately the gov don’t even bother. We are a small nation. Help all kinds of smes to go worldwide. Its a win win for all.

habis..nak guna apa? rmb?usd..jpy..hang habaq mai..dah business..kat msia..nak letak price dalam matawang apa? sembang..buat panas ja...

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